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I'm not sure I agree but IANAL. Doesn't the fact that the FTC recently filed a case against a PE firm buying up anesthesia clinics and using that to jack up pri
by atlasunshrugged 3y ago
I'm not sure I agree but IANAL. Doesn't the fact that the FTC recently filed a case against a PE firm buying up anesthesia clinics and using that to jack up prices run counter to the example of the cost of housing? Or for contractors gouging the gov, my understanding is that PE firms have rolled up small defense contractors and then used monopoly power to gouge the government. That seems pretty firmly in their jurisdiction.
https://www.ftc.gov/legal-library/browse/cases-proceedings/2010031-us-anesthesia-partners-inc-ftc-v https://www.ftc.gov/legal-library/browse/cases-proceedings/2...
- dragonwriter 3y ago> Doesn’t the fact that the FTC recently filed a case against a PE firm buying up anesthesia clinics and using that to jack up prices run counter to the example of the cost of housing? If you can find a single private equity firm doing that to a functionally bounded market to secure a monopoly on, say, rental housing, sure. But that isn’t the complaint I’ve heard about PE effects on housing markets.
- atlasunshrugged 3y agoAh, that makes sense, thanks!